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Business Segments
 9 Months Ended
Dec. 29, 2024
Segment Reporting [Abstract]  
Business Segments Business Segments
Effective April 1, 2023, the Company created a new line of business and operating segment named New Ventures in addition to the existing lines of businesses: Energy Systems, Motive Power, and Specialty. The results of New Ventures include sales and start-up operating expenses captured within the "Corporate and other" category of operating earnings. New Ventures provides energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles.

Summarized financial information related to the Company's reportable segments for the third quarter and nine months ended December 29, 2024 and December 31, 2023, is shown below:
 Quarter endedNine months ended
December 29, 2024December 31, 2023December 29, 2024December 31, 2023
Net sales by segment to unaffiliated customers (1)
Energy Systems$389,219 $373,573 $1,132,361 $1,220,587 
Motive Power358,847 355,396 1,091,746 1,061,383 
Specialty155,161 132,579 415,705 389,180 
Other (2)
2,925 $— 2,925 $— 
Total net sales$906,152 $861,548 $2,642,737 $2,671,150 
Operating earnings by segment
Energy Systems$25,250 $14,309 $68,611 $69,521 
Motive Power52,667 52,715 166,223 156,531 
Specialty9,556 7,496 21,794 22,900 
Corporate and other (2)
67,813 55,758 118,919 92,055 
Inventory step up to fair value relating to acquisitions - Specialty(1,069)— (2,952)— 
Inventory adjustment relating to exit activities - Energy Systems— (16,067)— (16,067)
Inventory adjustment relating to exit activities - Specialty— — — (3,098)
Restructuring and other exit charges - Energy Systems(94)(2,358)(4,618)(5,073)
Restructuring and other exit charges - Motive Power(1,000)(2,909)(3,483)(7,947)
Restructuring and other exit charges - Specialty(119)(803)(1,274)(6,593)
Amortization - Energy Systems(5,813)(6,047)(17,827)(18,483)
Amortization - Motive Power(186)(170)(556)(512)
Amortization - Specialty(2,422)(702)(5,076)(2,106)
Intangibles Impairment - Energy Systems— (6,020)— (6,020)
Acquisition expense - Energy Systems— (4)(11)(17)
Acquisition expense - Motive Power — (13)(11)(175)
Acquisition expense - Specialty (42)— (2,476)— 
Integration costs - Energy Systems(23)(171)(248)(420)
Integration costs - Specialty(1,640)— (3,419)— 
Other - Energy Systems(151)(2,274)(151)(3,071)
Other - Motive Power(7)(109)(7)(537)
Other - Specialty(71)(34)(71)(232)
Total operating earnings (3)
$142,649 $92,597 $333,367 $270,656 

(1) Reportable segments do not record inter-segment revenues and accordingly there are none to report.
(2) Corporate and other includes amounts managed on a company-wide basis and not directly allocated to any reportable segments, primarily relating to IRA production tax credits. Also, included are start-up costs for exploration and construction of a new lithium plant as well as sales and expenses from the New Ventures operating segment.
(3) The Company does not allocate interest expense or other (income) expense, net, to the reportable segments.